1316 W 4th St

Wilmington, DE 19805
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4 bd, 2 ba | 1,600 sqft | Built in 1880

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List Price
$137,000

Initial Investment

$36,243

Purchase Price

$133,000

Down Payment

25%

Rent

$1,350

Total Return

$48,849

Annualized Return

20.6%

Cap Rate

8.0%

Gross Yield

12.2%

Cash Flow

$2,647

Appreciation

4.7%
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Features

Occupancy

Occupied

Lease Start

03/06/2021

Lease End

02/28/2022

Lot Size

1,307

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$4,112

Property Taxes

-$1,400

Loan Payments

-$7,231

Net Cash Flow

$2,647

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